Markets


Markets

Bitcoin Plunges Most in 2 Months Amid Stock Market Sell-off

Bitcoin dropped more than 7% on Thursday. The decline was in line with a broad fall in the prices of stocks and bonds.

The price of bitcoin (BTC) dropped 7% on Thursday to a two-month low. (Source: TradingView/CoinDesk)

Markets

Dogecoin, Shiba Inu Underperform Broader Crypto Market Despite Fundamental Growth

Adoption and usage of the two tokens failed to move prices by much even as the crypto market added 5%.

(Getty Images)

Markets

Cardano, Avalanche Lead Fed-Driven Crypto Rally, Traders Still Wary of Long-Term Recovery

Crypto markets added nearly 5% to their overall capitalization in the past 24 hours after broader markets jumped following Fed's interest rate hike.

(Lance Nelson/Getty images)

Markets

'Revolution' Promised by Tron's Justin Sun Looks Like Clone of Terra's Algorithmic Stablecoin

Tron, an Ethereum competitor blockchain, is the latest to launch an algorithmic stablecoin inspired by the success of Terra’s UST. It has lofty goals for USDD, but not much else.

(Unsplash, modified by CoinDesk)

Markets

Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease

BTC rose by 5% over the past 24 hours as bearish sentiment waned.

U.S. Federal Reserve building (Shutterstock)

Markets

Fed Hikes Rate at Fastest Pace in 22 Years, Will Start Shrinking Balance Sheet

The central bank is taking a hawkish stance as inflation is running at its highest level in four decades.

Federal Reserve chair Jerome Powell at a press conference following the Fed's decision on May 4, 2022. (Source: Wall Street Journal)

Markets

Bitcoin Higher Ahead of FOMC Announcement

The bitcoin price rises as traders await 2 p.m. ET rate announcement from Federal Reserve's monetary policy committee.

The largest cryptocurrency rose 1.94% in the past 24 hours to around $38,931 as of press time.

Markets

Bitcoin Downtrend Stabilizes, Resistance at $40K-$43K

Expect choppy price action within the current trading range.

Bitcoin's daily price chart shows support/resistance with RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)

Finance

First Mover Americas: Hawkish Fed Trade May Not Be Over Yet

The latest moves in crypto markets in context for May 4, 2022.

(Andrew Harrer/Bloomberg via Getty Images)

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